alt Hacker NewsShareholder primacy is a drain on so many levels. Think of all the R&D that could have been spent instead of buying back shares.
Shareholder primacy is a drain on so many levels. Think of all the R&D that could have been spent instead of buying back shares.
The share buybacks help offset these big companies’ RSUs for highly compensated employees. The share buybacks also allow shareholders to have a taxable event when they want to, not when the business wants them to.
It would be crazy not to do share buybacks for a growing business.